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Commercial property insurance
Tailored policies for unique business needs
Covers fire, theft, vandalism, and flood damage
Ensure repairs and replacements keep your running
Helping businesses with insurance for over 70 years
Finding you the best cover
We have a panel of 120 insurers to discover suitable quotes and tailored cover for your needs.
Experts
Our team of insurance specialists have more than 70 years of experience in the industry.
Personalised cover
Our agents conduct a thorough fact find to understand your unique requirements, then work with insurers to get you the cover you need.
More than just insurance
Radius offers telecoms, fuel cards, telematics, insurance, electric vehicle charging, energy and vehicle solutions to businesses across five continents.
Search our panel of commercial property insurance specialists to find competitive cover
We work with a range of commercial property insurers from household names to small specialist insurers to find the best policy for your business.
Three simple steps
The fact find
Complete the online question set or speak to one of our agents.
Search the market
We identify the policy that best suits your business requirements.
Your business insured
Complete your insurance purchase online in minutes or over the phone.
Get a quote
What is commercial property insurance?
Commercial property insurance is a necessity for businesses of all sizes. Whether you own a small retail store or manage a large office building, this insurance protects your investment and keeps your operations running, even in the face of unexpected challenges.
The insurance itself is a bespoke policy designed to protect your company’s physical assets against risks such as fire, theft, vandalism, and flood damage. Unlike residential property insurance, its commercial counterpart addresses the unique needs of businesses. It helps cover repair or replacement costs following a loss – vital for any commercial operation.
What does commercial property insurance cover?
Building coverage
Protects the physical structure of your commercial property – including the walls, roof, and foundation – against damages caused by covered perils like fire, floods, and vandalism.
Contents insurance
The contents within your property, from office equipment to inventory and raw materials, are covered. They are protected from risks such as theft and water damage.
Business interruption insurance
Compensates for lost income and additional expenses if your business operations are disrupted. If your property is being repaired or rebuilt, you can maintain financial stability.
Equipment breakdown insurance
Covers the cost of repairing or replacing business equipment that fails due to mechanical or electrical breakdowns. Key for any company relying on specialised machinery or technology.
Tenant improvements
Protects any improvements or alterations you’ve made to a leased commercial space. This could be a customised office layout, fixtures, or interior finishes.
What's not included as part of commercial property insurance coverage
Yes, commercial property insurance delivers thorough protection for your company’s physical assets. However, certain risks and damages are typically excluded from standard policies. These exclusions often include:
- Wear and tear: Regular maintenance issues, such as wear and tear or gradual deterioration of property and equipment, are not covered. This includes damage resulting from a lack of maintenance.
- Unoccupied properties: Leave your property empty for a specific amount of time, and this can lead to your policy being invalidated. This unoccupied time is usually 30 days or more.
- Poor craftmanship: If you cause damage due to low-quality craftmanship or sloppy repairs, this typically won’t be covered under your policy. Remember: DIY fixes could invalidate your claim.
- Damage by animals or pests: You’ll struggle to find a policy that covers damage caused by vermin and insects. This also includes domestic pets.
The importance of commercial property insurance
Safeguards business assets: Commercial property insurance protects your company’s physical assets, ensuring you don’t face crippling financial losses due to damage or theft.
Business continuity: With coverage for business interruption, commercial property insurance helps your business survive financially during downtime caused by unexpected events. You can pay bills, salaries, and other expenses.
Customisable coverage: Commercial property insurance policies can be tailored to your specific business needs. It allows you to select the best coverage to protect your assets fully.
Risk management: Having commercial property insurance is a key element of a broader risk management strategy. It helps safeguard against unexpected financial risks.
Radius: Your one-stop destination for commercial property insurance
You know the importance of commercial property insurance. However, you must select the right policy for your specific business needs – and that’s where Radius can offer a helping hand. Our experienced team first conducts an in-depth assessment of your business requirements. We then work closely with 120 insurers to secure you the best commercial property insurance quote in terms of cost-effectiveness and protection.
Whether you manage a single office building or require comprehensive commercial property owners’ insurance for multiple locations, Radius is here to supply you with the finest bespoke insurance solutions.
Frequently asked questions
Can’t find an answer to your question? Talk to the Radius customer support team on 0333 070 5876. We’re here to help you with any questions or concerns you may have.
Take control of more than just commercial property insurance
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Why choose radius?
Our international presence impacts over 470,000 businesses across five continents.
Expertise
Our team has over 36 years of experience helping more than 470,000 customers globally
Trust
We are an internationally-acclaimed provider with numerous awards for our products and services.
Choice
Choose from our range of fleet, mobility and connectivity solutions that can be tailored to suit your needs.
Solutions
Use our award-winning technology and services to save your business time and money.
Can’t find what you are looking for?
Need help? The customer support team at Radius operates across more than 50 offices worldwide, providing local contact with a global presence. Let us know how we can assist you.
Radius Business Solutions (UK), a trading name of UK Fuels Limited, Radius Insurance Solutions Limited and Milestone Insurance Consultants Limited are owned by Radius Limited, with registered company number 08260702. Registered address: Eurocard Centre, Herald Park, Herald Drive, Crewe, Cheshire, CW1 6EG. Radius Insurance Solutions Limited is a registered company (number 3668469 and FCA reference number 300425). Radius Insurance Solutions is a trading style of Milestone Insurance Consultants Limited (registered company number 04587285 and FCA reference number 307191). Authorised and regulated by the Financial Conduct Authority.